Grayscale Investments could bring a number of new products to market, including a Chainlink Trust, assuming they have newly excavated records.
According to the Delaware State Division of Corporations, someone created a Grayscale Chainlink Trust on December 18, 2020.
On the same day, a BAT trust (Basic Attention Token), a MANA trust (Decentraland), an LPT trust (Livepeer) and an XTZ trust (Tezos) were also initiated.
Before these communities get too excited, Grayscale Investments has to officially confirm that it is behind the submissions. Some reports have cast doubts as to their legitimacy as the trusts’ registered agent is listed as a “Delaware Trust Company” rather than Grayscale.
However, the Delaware Trust Company is listed on the Grayscale website as one of their official service providers, and the same details were used for the 2013 Grayscale Bitcoin Trust filing.
Nevertheless, the introduction of new trusts is far from secure. Two months earlier, in October, a Filecoin (FIL) Trust was established that has not yet been published.
A few weeks after the founding of these trusts, Grayscale CEO and founder Barry Silbert resigned and was replaced by Michael Sonnenshein. It is unclear whether Sonnenshein will continue Silver’s strategy or steer the company in a new direction.
Grayscale last filed a filing with the Stellar Lumens (XLM) Trust in October 2018 – more than two years ago.
The Stellar Trust was published almost six weeks after it was founded. The majority of Grayscale digital asset trusts are typically published within days of the legal form date posted on the Delaware Corporate Filing website.
The Vocal Chainlink Army has reached out to Twitter to show their support for the filing, speculating on what impact this could have on the price of the token.
Twitter user “Bitcoin Collector” said, “We all know how much purchasing power Grayscale has,” but added that the news was not confirmed.
Chainlink recently passed Bitcoin Cash (BCH) as the eighth largest cryptocurrency, with a market cap of more than $ 9 billion and an all-time high of $ 23.30. It has since dropped to ninth place, losing $ 2.3 billion in value in four days to trade at $ 17.8.